Marketplace education lender College Ave Student Loans has hired Sharon Asch Gold to head its capital-markets unit.Read more.
In a move that could jumpstart its mortgage-bond issuing efforts, Sprout Mortgage has hired David Akre to head its capital-markets unit.Read more.
In a matter of just a few weeks, both co-heads of BlackRock’s U.S. collateralized loan obligation-issuing unit have resigned from the firm.Read more.
RBC’s commercial-paper unit has picked up two high-profile professionals from Bank of America.Read more.
A number of mortgage-bond issuers are working on non-agency deals backed entirely by conforming loans on single-family investment properties.Read more.
Industry professionals are abuzz over a rare collateralized bond obligation that Jefferies is structuring on behalf of a small hedge fund operator.Read more.
Morningstar has promoted three senior members of its structured-finance staff, with two of them absorbing duties that formerly belonged to chief operating...Read more.
Structured Portfolio Management, a mortgage-bond shop that made a killing for its investors in the wake of the financial crisis, is unwinding.Read more.
Former Citigroup bankers Ari Rosenberg and David Mandel are starting a business that would back consumer lenders, with securitization as part of their...Read more.
Pacific Gas and Electric is proposing a new use for utility-fee securitizations.Read more.